Thursday, July 7, 2011

New Video - Emergency Homeowners' Loan Program

The Minnesota Homeownership Center has created a new video to assist consumers in understanding the new Emergency Homeowners' Loan Program.

As yesterday's post mentioned, under EHLP 1,405 selected (unemployed/underemployed) Minnesota homeowners will receive up to $50,000 in interest-free loans over the next two years to help pay mortgage costs. The loans are also 100% forgivable for homeowners who stay in their home for 5 years following the program’s completion.

The program can be a little difficult to understand, as it has very strict qualification guidelines and actually rolls out in several phases over the next few months.  MN Housing and the MN Homeownership Center have created a website: to try and outline some of the program guidelines and explain to consumers how the program works.

NOW, the Center has added a new video that explains, in seven short minutes, the basics of the EHLP program and how to apply.  

Please feel free to share this video or embed it on your website!  If you do share it, please let us know in the comments or by email:

Here's the video:

To link to the video from your site, blog or email, use:

To embed the video on your site, visit the link above and click on the "Share" button below the video.

1 comment:

  1. Thanks a lot for sharing this nice post!You’ve done really excellent job!


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